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Advantages and Disadvantagesof Entry ModesEntry Mode Advantage DisadvantageFranchising Low development costs and Lack of control over quality risks Inability to engage in global strategic coordinationJoint Access to local partner’s Lack of control over technologyventures knowledge Inability to engage in global strategic Sharing development costs coordination and risks Inability to realize location and Politically acceptable experience economiesWholly Protection of technology High costs and risksowned Ability to engage in globalsubsidiaries strategic coordination Ability to realize location and experience economies www.uvic.cat 26